Will ABCAM PLC ORDINARY SHARES UNITED KINGDO (OTCMKTS:ABCZF) Run Out of Steam Soon? Short Interest is Up

May 15, 2018 - By Dolores Ford

Abcam Plc (OTCMKTS:ABCZF) Logo

The stock of ABCAM PLC ORDINARY SHARES UNITED KINGDO (OTCMKTS:ABCZF) registered an increase of 2.6% in short interest. ABCZF’s total short interest was 102,700 shares in May as published by FINRA. Its up 2.6% from 100,100 shares, reported previously. With 2,600 shares average volume, it will take short sellers 40 days to cover their ABCZF’s short positions. The short interest to ABCAM PLC ORDINARY SHARES UNITED KINGDO’s float is 0.06%.

The stock increased 1.88% or $0.3199 during the last trading session, reaching $17.3499. About shares traded. Abcam Plc (OTCMKTS:ABCZF) has 0.00% since May 15, 2017 and is . It has underperformed by 11.55% the S&P500.

Abcam plc, together with its subsidiaries, produces and distributes research-grade antibodies and associated protein research tools worldwide. The company has market cap of $3.53 billion. The firm primarily offers primary and secondary antibodies, biochemicals, isotype controls, flow cytometry multi-color selectors, kits, loading controls, lysates, peptides, proteins, slides, tags and cell markers, and tools and reagents. It has a 46.02 P/E ratio. The Company’s products are used in the areas of cancer, cardiovascular, cell biology, developmental biology, epigenetics and nuclear signaling, immunology, metabolism, microbiology, neuroscience, signal transduction, and stem cells, as well as in drug discovery services and products.

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